Andrew Levison
(Andrew J. Levison)
Partner, Managing Director
Dermot Company
Owner
Dermot Company NYC portfolio
$2.1 billion -condo 56%, elevator 43%; Manhattan 68%, Brooklyn 26%, Queens 5%*
111th largest portfolio by dollar value
3,908,156 sqft – condo 57%, elevator 42%; Manhattan 65%, Brooklyn 25%, Queens 8%
106th largest by SF
14 properties – Manhattan 52%, Brooklyn 36%, Queens 12%
719th largest
3,727 residential units – Manhattan 64%, Brooklyn 26%, Queens 9%
77th largest by residential units
0 foreclosures, 0 bankruptcies, 2 other court cases.
Person Activity past 24 months:
Buyer signatory: 1 for $370 million
Seller signatory: 1 for $112.2 million
Borrower signatory: 1 for $130 million
Top Ten Associated Companies:
Atlas Capital Group (1), Capital One (1), Forethought Life Insurance Company (1), PNC Bank (1), Hampshire Properties (1), Signature Bank (1), DTH Capital (1), Eastbridge Group (1), AG Real Estate (1), RAL Development Services (1)
Top Ten Associated People:
Jeffrey A. Goldberger (1), Andrew B. Cohen (1), Prithvi Mohan (1), Celine Comeau (1), Benjamin H. Kepley (1), Thomas Rosenthal (1), Gregory Fantauzzi (1), Jason Beren (1), Robert A. Levine (1), Robert B. Edwards (1)
Recent activity as signatory:
• Dermot Company and Rockwood Capital sold 250 East Houston Street and 250 East Houston Street, None, Manhattan for $112.2 million to Atlas Capital Group on January 15, 2026.
• Dermot Company borrowed $130 million from NYS Housing Finance Agency and Mizuho Capital Markets for 29 Flatbush Avenue, 29 Flatbush Avenue, 29 Flatbush Avenue, and 29 Flatbush Avenue, None, Brooklyn on December 06, 2024.
• DTH Capital, Eastbridge Group and AG Real Estate sold 20 Exchange Place, 20 Exchange Place, and 20 Exchange Place, Financial District, Manhattan for $370 million to Dermot Company on July 31, 2024.
• Dermot Company borrowed $263 million from Forethought Life Insurance Company for 101 West End Avenue on August 01, 2023.
• RAL Development Services and China Vanke ground leased 13 Bridge Park Drive valued at $90 million to Dermot Company and Goldman Sachs on January 25, 2023.
• Dermot Company borrowed $57.6 million from PNC Bank for 250 East Houston Street and 250 East Houston Street, None, Manhattan on August 04, 2022.
• Dermot Company borrowed $92.5 million from Capital One for 236 Livingston Street, 236 Livingston Street, 236 Livingston Street, and 236 Livingston Street, Boerum Hill, Brooklyn on May 27, 2022.
• BentallGreenOak sold 236 Livingston Street, 236 Livingston Street, 236 Livingston Street, and 236 Livingston Street, Boerum Hill, Brooklyn for $142.3 million to Dermot Company, USAA Real Estate and PGGM on May 27, 2022.
• Hampshire Properties sold 1501 Chestnut Avenue for $180 million to Dermot Company on March 23, 2022.
• Dermot Company borrowed $108 million from Signature Bank for 1501 Chestnut Avenue on March 14, 2022.